Welltower (NYSE: WELL) has entered into a definitive agreement to purchase a 25-property senior apartment portfolio from real estate firm Calamar for $502 million. The communities are located on the East Coast and in the Midwest, and carry average monthly rents of $1,300 per unit and an average resident length of stay above five years, […]
Treplus Communities
Jane Arthur Roslovic has been in the real estate development and investment business since the mid-80’s and has been a managing member of Treplus Communities since 2012. She and her siblings started Treplus’ active adult product after having been in the market-rate multifamily business. Under her leadership, Treplus has focused on meeting the needs of […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Anthology Project in Chicago Has Designs Updated Chicago-based firms Anthology Senior Living and K Giles announced updates to the redevelopment of a former high […]
With $1.2 billion in investments year-to-date and a near-term $1.5 billion pipeline, Welltower is off to a historically active start this year — and the company’s “coiled spring” recovery has only just begun. Senior housing revenue and occupancy increased in the first quarter of 2022, and at the same time, the Toledo, Ohio-based real estate […]
Welltower (NYSE: WELL) has expanded its relationship with a handful of operators in its senior housing portfolio, including Oakmont Management Group, Cogir Management and Treplus Communities. The Toledo, Ohio-based real estate investment trust (REIT) on Tuesday announced it had agreed to purchase seven senior living communities for a total investment of approximately $344 million, with […]
As the wave of baby boomers approaches the senior living industry, companies playing in the active adult sector are honing their strategies to attract them. Two big trends have emerged in the sector: communities tailored to middle-income residents, with more affordable rates and services; and active adult communities that serve as a platform for health […]
CareTrust gets new CEO amid rumors of sale CareTrust (Nasdaq: CTRE) appointed former president and COO David Sedgewick to be its new CEO. Before joining the San Clemente, California-based real estate investment trust (REIT), Sedgwick held leadership positions at the Ensign Group (Nasdaq: ENSG), CareTrust’s largest tenant. CareTrust itself was formed in a spin-off from […]
Born out of the multifamily world, Treplus Communities is blazing trails in the active adult sector. The Columbus, Ohio-based developer has three active adult rental communities in Ohio, with more on the way in the Buckeye State and beyond. The company’s communities are single-story, and with dens and even one-car garages, they resemble freestanding homes […]
The market for active adult rental communities has gotten red-hot in recent years, but this type of senior housing product is still in its early stages. Two developers that have already made a name for themselves are Treplus Communities and Sparrow Partners, and their approaches to active adult development have led to growing portfolios and […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Planned New Orleans CCRC Plans to Expand, Add Green House Units Poydras Home, a continuing care retirement community (CCRC) in New […]
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